Rental Home Inventory in Ireland at Record Lows
May 14, 2019 / Michael Gerrity
According to the latest quarterly Rental Report by Daft.ie, there were just 2,700 homes available to rent nationwide in Ireland on May 1st, 2019, the lowest total ever recorded in a series dating back to 2006.
With tight supply, listed rents rose again in all 54 markets covered in the report. The average monthly rent nationwide during the first quarter of 2019 was €1,366, up 8.3% year-on-year. The average listed rent is now €337 higher per month than the previous peak in 2008 and almost €625 higher than the low seen in late 2011.